General and Administrative Expenses (Tables)

12 Months Ended

Dec. 31, 2014

Summary of General and Administrative Expenses

Presented below is a summary of general and administrative expenses for the years ended December 31, 2013 and 2014:

	2013		2014		Change
Director fees	$	2,250	$	20,450	$	18,200
Investor relations		98,505		65,833		(32,672	)
Legal, auditing and professional services		147,348		146,581		(767	)
Consulting and executive services:
Related parties		123,000		220,800		97,800
Unrelated parties		—		—		—
Other administrative expenses		59,712		72,807		13,095
Depreciation		570		570		—
Total general and administrative expenses	$	431,485	$	527,041	$	95,656